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KASTANIKODUD OÜ's activity report 2022

The main activity of OÜ Kastanikodud is real estate development. In 2019, Lepa tee real estate development was purchased for the construction of apartment buildings. In 2021, the construction of two 40-apartment buildings began. The construction was carried out by Nordecon Betoon OÜ. During the reporting year, 77 apartments were sold for a total of 8,755,317 euros. By the end of the year, a loan of 6,604,737 euros was repaid to LHV Bank. In 2022, the construction of the next three 40-apartment buildings began. Financing for the construction has been obtained through a loan from the parent

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